Al a Lake T W 3CB537000 Norwest

Private foundation · Grantmaker Mason City, IA EIN: 42-6101549

Al a Lake T W 3CB537000 Norwest is a private foundation based in Mason City, Iowa. In its 2025 filing, it reported 11 grants totaling $8,573, including general donations and college scholarships; its filing states that scholarship awards are restricted to students whose elementary education was acquired at least in part at Jefferson Elementary School in Mason City.

Key facts about Al a Lake T W 3CB537000 Norwest

In short: Al a Lake T W 3CB537000 Norwest gave $9K across 11 grants in 2025 (avg $779.364), mostly in Iowa. Source: 2025 IRS Form 990-PF.

EIN
42-6101549
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$8,573
Grants made (2025)
11
Average grant
$779
Median grant
$433
Total assets
$130,526
Primary geography
Iowa (100% of itemized 2025 grant dollars)
How to apply
The filing requests a completed application and states that giving is not restricted to preselected organizations. Full details ↓
Deadline
May 1; the filing’s stated deadline is a past cycle as of September 29, 2026.

Data from IRS Form 990-PF, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$131K

-3.6% YoY

Annual Giving

$9K

+1.3% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$779.364

+1.3% YoY

Under IRS private-foundation payout rules, Al a Lake T W 3CB537000 Norwest reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.

How Al a Lake T W 3CB537000 Norwest gives

  • Giving held roughly steady from 2022 to 2025 (−13%). Method
  • In 2025 it paid out 124% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included general donations to Trinity Lutheran Church and United Way of an individual recipient Iowa, as well as college scholarships. United Way of an individual recipient Iowa describes its mission as building a stronger, more caring community through partnerships and targeted outcomes intended to improve the lives of Iowans; this is the grantee’s mission, not the foundation’s.

Grantmaking

In 2025, the foundation made 11 grants totaling $8,573. Grants ranged from $297 to $3,463, with a median of $433. The largest grants were $3,463 to Trinity Lutheran Church in Mason City for a general donation and $866 to United Way of an individual recipient Iowa in Mason City for a general donation. The filing also lists scholarships of $730, $433, and $297 to students attending Iowa colleges.

Review Cycle

May 1; the filing’s stated deadline is a past cycle as of September 29, 2026.

How to Apply

The filing requests a completed application and states that giving is not restricted to preselected organizations. Awards are restricted to students whose elementary education was acquired at least in part at Jefferson Elementary School in Mason City, Iowa.

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Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in Iowa.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 11 itemized grants.

States

Cities

Mason CityDecorahIowa CityWaverlyPellaCedar RapidsAmesCedar FallsFort Dodge

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K7 grants2020 9 grants2021 9 grants2022 10 grants2023 11 grants2024 11 grants2025

From 2020 to 2025, annual grant giving ranged from $8K (2023) to $10K (2022). In 2025 it made 11 grants totaling $9K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Trinity Lutheran Chuch: $3KTrinity Lutheran Chuch$3KUnited Way of North Central Iowa: $866United Way of North CentralIowa$866Hale Rhodescoe College: $730Hale Rhodescoe College$730Angelina Frankuniversity of Iowa: $730Angelina Frankuniversity ofIowa$730Addyson Neppleuniversity of Iowa: $433Addyson Neppleuniversity ofIowa$433Britta Elsberndluther College: $297Britta Elsberndluther College$297Connor Dalenuniversity of Iowa: $297Connor Dalenuniversity of Iowa$297Maggie Gerriettswartburg College: $297Maggie GerriettswartburgCollege$297

The largest 2025 recipient was Trinity Lutheran Chuch ($3K). Together the top 8 received $7K.

Organizations only. It also paid 3 individual scholarships ($1,460), which are not listed by name.

Grant Size Distribution

50 grants across all recorded years

50<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 50 grants of 50 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Trinity Lutheran Chuch Mason City, IAGeneral Donation$3,463
United Way of North Central Iowa Mason City, IAGeneral Donation$866
3 individual scholarships Recipients not named —$1,460
Hale Rhodescoe College Cedar Rapids, IACollege Scholarship$730
Angelina Frankuniversity of Iowa Iowa City, IACollege Scholarship$730
Addyson Neppleuniversity of Iowa Iowa City, IACollege Scholarship$433
Britta Elsberndluther College Decorah, IACollege Scholarship$297
Connor Dalenuniversity of Iowa Iowa City, IACollege Scholarship$297
Maggie Gerriettswartburg College Waverly, IACollege Scholarship$297

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $130,526 $7,451 $12,271 $8,573
2024 $135,346 $14,454 $12,006 $8,467
2023 $132,898 $7,081 $11,794 $8,309
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$130,526$135,346$132,898
Revenue$7,451$14,454$7,081
Expenses$12,271$12,006$11,794
Qualifying Distributions$10,705$10,554$10,322
Net Investment Income$6,067$13,084$5,661
Distributable Amount$8,661$8,259$7,769

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS December 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Clear Lake Bank Trust as trustee.

Al a Lake T W 3CB537000 Norwest's only listed officer is Clear Lake Bank Trust, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Clear Lake Bank Trust

    Trustee

    On filings since 2020

    1 hr/week

    $2K (2020) → $2K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Clear Lake Bank Trust — Trustee: $2KClear Lake Bank TrustTrustee$2K

The highest reported compensation on the 2025 filing was $2K, to Clear Lake Bank Trust (Trustee).

Contact

Application contact: Clear Lake Bank Trust Anne Flynn
Mailing address: 100 East State St, Mason City, IA 50401
Phone: (641) 423-2457

Frequently asked questions about Al a Lake T W 3CB537000 Norwest

How much does Al a Lake T W 3CB537000 Norwest give each year?

Al a Lake T W 3CB537000 Norwest gave $9K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 11 grants.

What is Al a Lake T W 3CB537000 Norwest's typical grant size?

Al a Lake T W 3CB537000 Norwest's median grant in 2025 was $433, and its average grant was $779, across 11 grants on its 2025 IRS Form 990-PF.

Where does Al a Lake T W 3CB537000 Norwest give grants?

Al a Lake T W 3CB537000 Norwest gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Iowa City, IA (3 grants) and Mason City, IA (2 grants).

Does Al a Lake T W 3CB537000 Norwest give general operating support?

Yes: 18% of Al a Lake T W 3CB537000 Norwest's 2025 grants with a stated purpose (2 of 11) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "College Scholarship" (9 grants).

Who are Al a Lake T W 3CB537000 Norwest's largest grantees?

Al a Lake T W 3CB537000 Norwest's largest 2025 grantees include Trinity Lutheran Chuch ($3,463), United Way of North Central Iowa ($866) and Hale Rhodescoe College ($730), according to its 2025 IRS Form 990-PF. It also paid 3 individual scholarships ($1,460), which are not listed by name. Together they received 59% of its itemized 2025 grant dollars.

How large is Al a Lake T W 3CB537000 Norwest?

Al a Lake T W 3CB537000 Norwest reported $131K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).

What does Al a Lake T W 3CB537000 Norwest fund?

No mission statement for the foundation is provided. Its 2025 grants included general donations to Trinity Lutheran Church and United Way of an individual recipient Iowa, as well as college scholarships. See mission & focus areas ↑

How do I apply for a grant from Al a Lake T W 3CB537000 Norwest?

The filing requests a completed application and states that giving is not restricted to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Al a Lake T W 3CB537000 Norwest's EIN?

Al a Lake T W 3CB537000 Norwest's EIN (Employer Identification Number) is 42-6101549. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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